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Technology Stocks : Intel Corporation (INTC)
INTC 36.26+0.5%Dec 18 3:59 PM EST

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To: Tony Viola who wrote (66842)10/16/1998 11:56:00 AM
From: gnuman  Read Replies (1) of 186894
 
Tony Viola, I think you missed my main point.
While income was down only a small amount in Q3'98, when normalized to Q3'97
we see a 5 ½ cent contribution to EPS based on lower 1998 tax rate
and fewer shares due to the 12 months of stock repurchases.
This is what a number of people are looking at when comparing the Quarters.
Just the messenger. ;-)

1998 1997
Income BT $2326 $2440
Taxes $767 $866
Tax rate 0.33 0.355
Net Income $1559 $1574
Diluted shrs 1753 1797
EPS 0.89 0.88
Based on 1997
Income BT $2326
Taxes 825
Net Income $1501
EPS 0.835
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